IS TERRAS UST INDEED LEADING THE STABLECOIN RACE

Last updated: June 15, 2025, 22:05  |  Written by: Raoul Pal

Is Terras Ust Indeed Leading The Stablecoin Race
Is Terras Ust Indeed Leading The Stablecoin Race

The Terrausd

The TerraUSD (UST) stablecoin recently overtook Binance USD in market capitalization, becoming the third-largest stablecoin. The total market value of the token is now

Terra’s UST Stablecoin is now the 3 Stablecoin in

Terra's Stablecoin UST Becomes Crypto's Third-Largest

In May

In May 2025, the cryptocurrency world witnessed one of its most significant failures when TerraUSD (UST), the third-largest stablecoin at the time, experienced a

The Timeline of UST’s Collapse: Understanding the Failures and

According to CoinGecko, the market value of Terra's stablecoin UST reached $17.5 billion on April 18, surpassing BUSD's $17.4 billion, becoming the third-largest

Terra

Terra's stablecoin overtook Binance USD (BUSD) to grab third place, but the gap is thin: roughly $68 million. The leading stablecoin as of this writing is Tether (USDT)

Terra' UST Becomes 3rd Largest Stablecoin, Surpassing BUSD

There has been a shakeup in the world of stablecoins – Terra’s USTis now the third-largest stablecoinby market capitalization, surpassing BUSD. At the time of writing, UST has a market

UST’s Boom and Bust: A Deep Dive into Stablecoin

Terra’s UST Now The 3rd-Largest Stablecoin, But There’s A Catch

The Fall Of Terra UST: Are Stablecoins Really Stable?

Ust

UST (TerraUSD) is an algorithmic stablecoin within the Terra ecosystem, designed to be pegged to the US dollar, which experienced a de-pegging crisis in 2025

Understanding the Collapse of TerraUSD (UST): Lessons and

Is Terra's UST indeed leading the stablecoin race? - Watcher Guru

Terrausd

TerraUSD (UST), once the fourth-largest stablecoin with an $18 billion market capitalization, crashed spectacularly. Within days, its value plummeted from $1 to mere

Raoul Pal can be reached at [email protected].

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